Direct Debit failure notice - 3 days early

[alexs (Alex Sherwood)]

@Frankiejr

Do set up actual standing orders or regular faster payments?

They use the Faster Payments network for this -

@liamn

Standing Order

A Standing Order would be setup by yourself on the app, you’ll be able to set a frequency of the Payment as well as the amount - the important thing about a Standing Order is that only you can change the amount and date - the person you’re paying has no control over this - unlike a Direct Debit. Like a Direct Debit, we’ll also show this in the Recurring Payments section in the app. Once it’s time for the Standing Order to be sent - this will generate a Faster Payment and send over the network.

if you have any questions about how these payments work, I’d recommend replying to Liam’s post in that topic